Volution Group (LON:FAN) Shares Cross Above Fifty Day Moving Average of $392.10

Volution Group plc (LON:FANGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 392.10 ($4.98) and traded as high as GBX 446.20 ($5.67). Volution Group shares last traded at GBX 435.60 ($5.53), with a volume of 97,557 shares changing hands.

Analyst Ratings Changes

A number of research analysts recently weighed in on FAN shares. Shore Capital reiterated a “buy” rating on shares of Volution Group in a report on Thursday, October 5th. Berenberg Bank restated a “buy” rating and set a GBX 500 ($6.35) price objective on shares of Volution Group in a research note on Thursday, October 5th.

Read Our Latest Research Report on Volution Group

Volution Group Stock Performance

The company has a debt-to-equity ratio of 53.24, a current ratio of 1.97 and a quick ratio of 0.98. The stock has a market capitalization of £860.39 million, a P/E ratio of 2,289.47 and a beta of 1.34. The company has a fifty day moving average of GBX 395.49 and a two-hundred day moving average of GBX 380.31.

Volution Group Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 19th. Stockholders of record on Thursday, November 23rd were issued a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date was Thursday, November 23rd. This is a positive change from Volution Group’s previous dividend of $2.50. This represents a dividend yield of 1.63%. Volution Group’s dividend payout ratio is 4,210.53%.

Insider Activity

In other news, insider Ronnie George sold 144,480 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of GBX 410 ($5.21), for a total transaction of £592,368 ($752,691.23). In other Volution Group news, insider Jonathan Davis acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was acquired at an average cost of GBX 344 ($4.37) per share, with a total value of £17,200 ($21,855.15). Also, insider Ronnie George sold 144,480 shares of the stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of GBX 410 ($5.21), for a total value of £592,368 ($752,691.23). Corporate insiders own 1.87% of the company’s stock.

Volution Group Company Profile

(Get Free Report)

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.

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